LITTLE ROCK, AR
Hodges Ward Elliott (“HWE”) is pleased to present the opportunity to acquire the 96-room Residence Inn Little Rock (the “Hotel”, or “Property”). Opened in 1998, the high-performing, extended-stay Hotel enjoys a premier location adjacent to the Arkansas Heart Hospital and Westlake Corporate Park. The Property benefits from its best-in-market brand affiliation, presence in a diverse and expanding economic base, and proximity to a variety of vital logistic hubs, including Arkansas’ busiest airport and the Arkansas River.
| Address: | |
| Year Opened: | 1998 |
| Keys: | 96 |
| Stories: | 4 |
| Complimentary Breakfast | |
| AMENITIES: |
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| Fee Simple | |
| Management: | Unencumbered |
INVESTMENT HIGHLIGHTS
Proximity to Regional Healthcare Facilities
The Residence Inn is located less than two miles from two major health care providers in Little Rock, the Baptist Health Medical Center–Little Rock and Arkansas Heart Hospital. Baptist Health, the state’s largest healthcare provider, employs approximately 11,000 people system-wide across medical, administrative, and support roles, with its 833-bed flagship campus in Little Rock. Beyond direct healthcare services, Baptist Health contributes to workforce development through Baptist Health College Little Rock programs that train future physicians and nurses. Adjacent to the hotel, the 112-bed Arkansas Heart Hospital is nationally recognized for its excellence in cardiovascular care, featuring advanced cardiac catheterization labs, electrophysiology services, and specialized rehabilitation programs that attract patients from across the state and region.
WESTLAKE COPORATE PARK
LEXICON NORTH AMERICAN HEADQUARTERS EXPANSION PLAN
Surrounding Corporate Growth
Corporate demand in Little Rock is experiencing significant growth, fueled by strategic investments in infrastructure, commercial real estate, and workforce development. Directly across the street from the Hotel, Westlake Corporate Park is a six-building, Class A office complex over 90% occupied. The commercial campus hosts key tenants like Arkansas Heart Hospital and Arkana Laboratories, reinforcing its position in the medical and research corridor. Meanwhile, Bank OZK's new corporate headquarters, roughly 10 minutes from the Property, highlights Little Rock’s growing role as a hub for community-focused financial institutions. These developments reflect a broader economic momentum in Little Rock, driven by major investments like the $100-million facility by the Faymonville Group and Lexicon’s expansion, which are creating jobs and reinforcing the city’s reputation for supporting high-skill industries.
FAYMONVILLE GROUP EXPANSION PLAN
HIGHER EDUCATION CONCENTRATION
The Property is less than 10 minutes away from two region-defining universities, the University of Arkansas for Medical Sciences (UAMS) and the University of Arkansas at Little Rock (UALR). Together, these universities serve as linchpins of education, health, and economic growth in Little Rock. UAMS is Arkansas’ only health‑sciences university and has nearly 2,200 faculty, more than 3,400 students (including 900+ residents/fellows), and clinical affiliates such as Arkansas Children’s Hospital and the Arkansas Veterans Healthcare System. UAMS and its affiliates combine to generate roughly $4.5 billion annually in economic impact while supporting tens of thousands of jobs statewide. Meanwhile, UALR enrolls about 8,100 students, hosts over 470 full‑time faculty, and supports over 1,850 staff, helping drive the downtown economy.
Regional Logistics Hub
Just five minutes from the Hotel, the Arkansas River serves as both a scenic landmark and a vital industrial artery for Little Rock. Through the McClellan-Kerr Arkansas River Navigation System (MKARNS), over 12 million tons of freight move annually, supporting 40,500 jobs and generating $5.5 billion in revenue across the state. Ongoing efforts to deepen the 9-foot channel to 12 feet could boost barge capacity by up to 43%, with long-term GDP gains projected between $115 billion and $149 billion. Anchored by MKARNS, the Port of Little Rock spans roughly 1.4 million square feet of industrial facilities, handling 500 barges per year and housing more than 40 industries. Recent investments, including the Faymonville Group’s $100-million, 624,000-square-foot facility and the city’s 867-acre expansion, underscore the port’s growing role as a key inland intermodal hub.
EXCEPTIONAL PERFORMANCE WITH CONTINUED UPSIDE
The Property has exhibited strong and consistent performance, ranking among the RevPAR leaders in the market over the past five years, due to its A+ location and top-tier branding. A PIP refresh will continue to bolster rate growth and reinforce the Hotel’s positioning in the market.
OPTIMAL OFFERING - FEE SIMPLE, NON-UNION, UNENCUMBERED BY MANAGEMENT
The Property is offered fee simple and free and clear of existing management and financing, affording new ownership maximum optionality in the future operation and capitalization of the Hotel